Nissan 370Z Forum - View Single Post

dudafunk · 12-01-2009, 09:52 AM

Hi guys,

Here's my situation, I'm an immigrant and might need to return to my home country after 2 years. So I'm trying to work some worst case numbers here. If I buy a base Z say at 30k + tax = say 35k just for the example's sake.

I pay off half of the loan + interest etc. in the 2 years.

I get forced to leave the country. I try to sell to a private party but have no luck. So now I sell it off to a dealer and get lesser right? The question is... what kind of numbers are we talking here? I did look up resale values of 2006 models and its surely over half of the car's price. Are there any hidden losses due to loan transfers or any other things?

Bottom line, if I am forced to sell it in a week and must accept whatever I get - will I get back half the value of the car? Assume average annual mileage, good condition etc.

12-01-2009, 09:52 AM	#1 (permalink)
dudafunk Enthusiast Member Join Date: Nov 2009 Location: Long Island, NY Posts: 421 Drives: '09 370z Base Red AT Rep Power: 15	Dynamics of selling after 2 years? Hi guys, Here's my situation, I'm an immigrant and might need to return to my home country after 2 years. So I'm trying to work some worst case numbers here. If I buy a base Z say at 30k + tax = say 35k just for the example's sake. I pay off half of the loan + interest etc. in the 2 years. I get forced to leave the country. I try to sell to a private party but have no luck. So now I sell it off to a dealer and get lesser right? The question is... what kind of numbers are we talking here? I did look up resale values of 2006 models and its surely over half of the car's price. Are there any hidden losses due to loan transfers or any other things? Bottom line, if I am forced to sell it in a week and must accept whatever I get - will I get back half the value of the car? Assume average annual mileage, good condition etc.